New Risk • May 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results. Aankondiging • Apr 07
Ecopro Co., Ltd. to Report Q1, 2026 Final Results on Apr 29, 2026 Ecopro Co., Ltd. announced that they will report Q1, 2026 final results on Apr 29, 2026 Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. CEO & Executive Director Ho-jun Song was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Feb 26
Ecopro Co., Ltd., Annual General Meeting, Mar 26, 2026 Ecopro Co., Ltd., Annual General Meeting, Mar 26, 2026, at 11:00 Tokyo Standard Time. Location: conference room, 587-40, gwahaksaneop 2-ro, ochang-eup, cheongwon-gu, chungcheongbuk-do, cheongju South Korea Aankondiging • Jan 13
Ecopro Co., Ltd. to Report Q4, 2025 Results on Feb 05, 2026 Ecopro Co., Ltd. announced that they will report Q4, 2025 results on Feb 05, 2026 New Risk • Nov 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₩866b This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₩866b free cash flow). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 17% per year over the past 5 years. New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Aankondiging • Oct 14
Ecopro Co., Ltd. to Report Q3, 2025 Results on Nov 05, 2025 Ecopro Co., Ltd. announced that they will report Q3, 2025 results on Nov 05, 2025 Aankondiging • Sep 25
An undisclosed buyer agreed to acquire 6.89% stake in EcoPro BM Co., Ltd. (KOSDAQ:A247540) from Ecopro Co., Ltd. (KOSDAQ:A086520) for approximately KRW 800 billion. An undisclosed buyer agreed to acquire 6.89% stake in EcoPro BM Co., Ltd. (KOSDAQ:A247540) from Ecopro Co., Ltd. (KOSDAQ:A086520) for approximately KRW 800 billion on September 24, 2025. As part of the acquisition, Ecopro Co., Ltd will sell 6.89 million shares in EcoPro BM Co., Ltd. The consideration is payable in cash. Upon completion, Ecopro Co., Ltd will hold 38.69% stake in EcoPro BM Co., Ltd.
The transaction is expected to close on October 27, 2025. New Risk • Aug 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Aankondiging • Jul 08
Ecopro Co., Ltd. to Report Q2, 2025 Results on Aug 06, 2025 Ecopro Co., Ltd. announced that they will report Q2, 2025 results on Aug 06, 2025 New Risk • Jun 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change). Aankondiging • Apr 03
Ecopro Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Ecopro Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Board Change • Apr 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Outside Director Jong Hwa Ha was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 22
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: ₩1,567 loss per share (down from ₩388 profit in FY 2023). Revenue: ₩3.13t (down 57% from FY 2023). Net loss: ₩206.0b (down ₩257.0b from profit in FY 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 30%. Revenue is forecast to grow 47% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Electrical industry in South Korea. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Aankondiging • Feb 27
Ecopro Co., Ltd., Annual General Meeting, Mar 26, 2025 Ecopro Co., Ltd., Annual General Meeting, Mar 26, 2025, at 09:00 Tokyo Standard Time. Location: eco hall, 587-40, gwahaksaneop 2-ro, ochang-eup, cheongwon-gu, chungcheongbuk-do, cheongju South Korea Aankondiging • Jan 18
Ecopro Co., Ltd. to Report Q4, 2024 Results on Feb 11, 2025 Ecopro Co., Ltd. announced that they will report Q4, 2024 results on Feb 11, 2025 New Risk • Dec 09
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company. Aankondiging • Oct 11
Ecopro Co., Ltd. to Report Nine Months, 2024 Results on Oct 31, 2024 Ecopro Co., Ltd. announced that they will report nine months, 2024 results on Oct 31, 2024 Aankondiging • Jul 11
Ecopro Co., Ltd. to Report Q2, 2024 Results on Jul 30, 2024 Ecopro Co., Ltd. announced that they will report Q2, 2024 results on Jul 30, 2024 Price Target Changed • May 04
Price target decreased by 7.9% to ₩70,000 Down from ₩76,000, the current price target is provided by 1 analyst. New target price is 31% below last closing price of ₩101,300. Stock is down 26% over the past year. The company is forecast to post a net loss per share of ₩77.20 compared to earnings per share of ₩388 last year. Price Target Changed • Apr 25
Price target increased by 34% to ₩76,000 Up from ₩56,602, the current price target is provided by 1 analyst. New target price is 30% below last closing price of ₩108,100. Stock is down 24% over the past year. The company is forecast to post earnings per share of ₩2,165 for next year compared to ₩388 last year. Aankondiging • Apr 12
Ecopro Co., Ltd. to Report Q1, 2024 Results on May 03, 2024 Ecopro Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024 Aankondiging • Jan 18
Ecopro Co., Ltd. to Report Q4, 2023 Results on Feb 07, 2024 Ecopro Co., Ltd. announced that they will report Q4, 2023 results on Feb 07, 2024 Upcoming Dividend • Dec 20
Upcoming dividend of ₩485 per share at 0.1% yield Eligible shareholders must have bought the stock before 27 December 2023. Payment date: 22 April 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.1%. Lower than top quartile of South Korean dividend payers (3.5%). Lower than average of industry peers (1.8%). Reported Earnings • Nov 19
Third quarter 2023 earnings released: ₩313 loss per share (vs ₩4,292 profit in 3Q 2022) Third quarter 2023 results: ₩313 loss per share (down from ₩4,292 profit in 3Q 2022). Revenue: ₩1.90t (up 17% from 3Q 2022). Net loss: ₩8.25b (down 108% from profit in 3Q 2022). Revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in South Korea. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 138% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • Nov 08
Consensus revenue estimates fall by 18% The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from ₩9.15b to ₩7.54b. EPS estimate fell from ₩14,837 to ₩8,532 per share. Net income forecast to grow 121% next year vs 72% growth forecast for Chemicals industry in South Korea. Consensus price target of ₩390,000 unchanged from last update. Share price rose 23% to ₩737,000 over the past week. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₩1,117,000, the stock trades at a forward P/E ratio of 72x. Average forward P/E is 13x in the Chemicals industry in South Korea. Total returns to shareholders of 3,576% over the past three years. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₩908,000, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 11x in the Chemicals industry in South Korea. Total returns to shareholders of 3,472% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₩662,000, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 11x in the Chemicals industry in South Korea. Total returns to shareholders of 2,429% over the past three years. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: ₩14,157 (vs ₩1,008 in 1Q 2022) First quarter 2023 results: EPS: ₩14,157 (up from ₩1,008 in 1Q 2022). Revenue: ₩2.06t (up 203% from 1Q 2022). Net income: ₩368.8b (up ₩343.7b from 1Q 2022). Profit margin: 18% (up from 3.7% in 1Q 2022). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Chemicals industry in South Korea. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 172% per year, which means it is well ahead of earnings. Price Target Changed • Apr 06
Price target increased by 79% to ₩273,010 Up from ₩152,427, the current price target is an average from 2 analysts. New target price is 48% below last closing price of ₩522,000. Stock is up 449% over the past year. The company is forecast to post earnings per share of ₩27,769 for next year compared to ₩1,473 last year. Reported Earnings • Mar 27
Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2022 results: EPS: ₩1,473 (up from ₩14,051 loss in FY 2021). Revenue: ₩5.64t (up 275% from FY 2021). Net income: ₩36.1b (up ₩331.1b from FY 2021). Profit margin: 0.6% (up from net loss in FY 2021). Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) missed analyst estimates by 90%. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in South Korea. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 269 percentage points per year, which is a significant difference in performance. Buying Opportunity • Feb 17
Now 26% undervalued Over the last 90 days, the stock is up 82%. The fair value is estimated to be ₩296,511, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 62% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Dec 21
Upcoming dividend of ₩422 per share Eligible shareholders must have bought the stock before 28 December 2022. Payment date: 24 April 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (2.4%). Price Target Changed • Nov 16
Price target increased to ₩150,000 Up from ₩105,882, the current price target is an average from 2 analysts. New target price is 15% above last closing price of ₩129,900. Stock is down 7.3% over the past year. The company is forecast to post earnings per share of ₩16,841 next year compared to a net loss per share of ₩14,144 last year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Price Target Changed • Apr 27
Price target increased to ₩147,059 Up from ₩105,882, the current price target is provided by 1 analyst. New target price is 77% above last closing price of ₩83,100. The company is forecast to post earnings per share of ₩3,411 next year compared to a net loss per share of ₩14,144 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment improved over the past week After last week's 16% share price gain to ₩86,500, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 231% over the past three years. Price Target Changed • Feb 11
Price target increased to ₩147,059 Up from ₩105,882, the current price target is provided by 1 analyst. New target price is 109% above last closing price of ₩70,500. The company is forecast to post earnings per share of ₩13,608 for next year compared to ₩1,250 last year. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 38% share price decline to ₩62,300, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Chemicals industry in South Korea. Total returns to shareholders of 135% over the past three years. Upcoming Dividend • Dec 22
Upcoming dividend of ₩430 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 26 April 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.3%. Lower than top quartile of South Korean dividend payers (2.4%). Lower than average of industry peers (1.5%). Price Target Changed • Oct 12
Price target increased to ₩93,000 Up from ₩74,441, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of ₩95,800. Valuation Update With 7 Day Price Move • Aug 09
Investor sentiment improved over the past week After last week's 32% share price gain to ₩94,600, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 11x in the Chemicals industry in South Korea. Total returns to shareholders of 220% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩81,464 per share. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment improved over the past week After last week's 17% share price gain to ₩52,600, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩77,569 per share. Price Target Changed • Jun 04
Price target decreased to ₩74,441 Down from ₩83,920, the current price target is an average from 4 analysts. New target price is 55% above last closing price of ₩48,150. Valuation Update With 7 Day Price Move • May 29
Investor sentiment deteriorated over the past week After last week's 29% share price decline to ₩53,400, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Chemicals industry in South Korea. Total returns to shareholders of 105% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₩80,013 per share. Is New 90 Day High Low • Mar 02
New 90-day high: ₩66,700 The company is up 51% from its price of ₩44,069 on 02 December 2020. The South Korean market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩74,844 per share. Is New 90 Day High Low • Feb 10
New 90-day high: ₩64,900 The company is up 53% from its price of ₩42,500 on 12 November 2020. The South Korean market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩74,937 per share. Price Target Changed • Feb 04
Price target raised to ₩63,176 Up from ₩55,510, the current price target is an average from 3 analysts. The new target price is close to the current share price of ₩62,700. As of last close, the stock is up 157% over the past year. Is New 90 Day High Low • Jan 11
New 90-day high: ₩62,300 The company is up 36% from its price of ₩45,784 on 13 October 2020. The South Korean market is up 29% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 32% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩30,762 per share. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 18% share price gain to ₩58,500, the stock is trading at a trailing P/E ratio of 29.1x, up from the previous P/E ratio of 24.7x. This compares to an average P/E of 16x in the Chemicals industry in South Korea. Total returns to shareholders over the past three years are 49%. Is New 90 Day High Low • Jan 07
New 90-day high: ₩55,500 The company is up 18% from its price of ₩46,912 on 08 October 2020. The South Korean market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩30,043 per share. Is New 90 Day High Low • Dec 28
New 90-day high: ₩50,800 The company is up 13% from its price of ₩44,850 on 29 September 2020. The South Korean market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩30,574 per share. Is New 90 Day High Low • Dec 25
New 90-day high: ₩50,000 The company is up 17% from its price of ₩42,600 on 25 September 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₩30,574 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of ₩300 Per Share Will be paid on the 17th of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of South Korean dividend payers (2.6%), and is lower than industry peers (0.9%).